9. Governance

Governance Power

Voting Power: 1 PATH staked = 1 vote

Platform Stakes: 1 PATH staked = 1.5 votes (for platform registration stakes)

Governance Scope

• Platform Vetoes: Vote to reject malicious platforms (7-day window)

• Parameter Adjustments: Fee rates, stake requirements, oracle params

• Treasury Allocation: Protocol fund spending proposals

• Oracle Disputes: Vote on contentious market resolutions

• Protocol Upgrades: Approve smart contract changes

Governance Process

Proposal Creation:
├─> Threshold: 1,000,000 PATH staked
├─> Proposal period: 3 days
└─> Description, code changes (if applicable)

Voting Period:
├─> Duration: 7 days
├─> Quorum: 10% of staked PATH must vote
└─> Passing: >50% approval (simple majority)

Execution:
├─> Timelock: 48 hours
├─> Execution window: 7 days
└─> Implementation via multisig + governance approval

Governance-Adjustable Parameters

The following parameters can be adjusted via governance:

• Minimum platform stake requirement

• Lock period durations

• Reward multipliers

• Voter bonus tiers and rates

• Fee distribution percentages

• Oracle stake requirements